Showing 1 - 10 of 38
Thailand's weak economy and the tariff challenge
Business, InnovestX Securities, Published on 26/04/2025
» Thailand's economy continues to face challenges because of long-standing structural factors, including an ageing society leading to labour shortages and market limitations.
Trump hosting White House crypto summit
AFP, Published on 07/03/2025
» WASHINGTON - Donald Trump is preparing to host top cryptocurrency players at the White House on Friday, a political boost for an industry that has struggled to gain legitimacy — and where the Republican president faces conflict of interest concerns.
Minister presses BoT on policy rate move
Business, Wichit Chantanusornsiri, Published on 09/11/2024
» In light of the Federal Reserve's recent interest rate cut, the Bank of Thailand's Monetary Policy Committee (MPC) must decide whether to adjust its policy rate accordingly, says Finance Minister Pichai Chunhavajira.
Chinese outbound travel recovery lags due to costs, visa snags
Reuters, Published on 17/06/2024
» BEIJING/SHANGHAI: A recovery in Chinese overseas travel from the Covid-19 pandemic is fading as rising costs and difficulties in securing visas cement a preference for local and short-haul destinations.
Developing a strategy resilient to risk
Business, Wichit Chantanusornsiri, Published on 15/06/2024
» The original description of an economic cycle estimated it lasted for roughly a decade and included one crisis per cycle. Given recent severe global volatility, this definition no longer holds true.
Gold rush grips Asia despite near-record prices
Reuters, Published on 13/06/2024
» SINGAPORE - Demand for gold in Asia is surging despite prices hovering near the record highs it hit in May, industry officials say, as buyers snap up the metal to hedge against geopolitical and economic uncertainty.
Vietnam may permit gold imports for first time in years
Reuters, Published on 12/06/2024
» SINGAPORE - Vietnam could allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.
Scrutinising the need for overseas bonds
Business, Wichit Chantanusornsiri, Published on 29/02/2024
» Several heads turned when the government said last week it is considering a plan to raise US$1 billion (about 36 billion baht) worth of foreign currency-denominated bonds, with some observers expressing doubts about worthiness and the risk of currency devaluation.
Vietnam may widen dong trading band again to conserve FX reserves
Reuters, Published on 26/10/2022
» HANOI: Vietnam is preparing to loosen its tight leash on the dong currency, including possibly widening its trading band with the US dollar again, in order to conserve its shrinking currency reserves, a source with direct knowledge of the matter said on Wednesday.
Baht drifts lower as Asian currencies fall
Published on 21/10/2022
» The baht continued to drift below 38 to the US dollar as most Asian currencies headed for weekly losses on Friday.